NOT LISTED FOR SALE

Estimated Value: $920,136

Studio
-- Bath
3,502 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $449,000 $128 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,661/month

40 Days on Market

About This Home

As of August 2016

This five unit building has EXCELLENT SR 89A visibility and is located near the high-traffic intersection of SR 89A and Hwy 260. Available suites are perfect for office/medical use. Suites can be combined or divided with ease.

Last Agent to Sell the Property

Jack McMahon

McMahon & Miller Commercial License #BR649715000 Listed on: 05/11/2016

Co-Listed By

Historical Agent - SVV

Historical Listings - SVV

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,009

Year Built

  • Built in 1972

Lot Details

  • Property is zoned C-2

Home Design

  • 3,502 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Flooring

  • Wood
  • Carpet
  • Concrete

Utilities

  • Cooling Available
  • Well

Community Details

  • Cottonwood Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40603024a

Property Details

Property Type

Other

Est. Annual Taxes

$9,009

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Year Built: 1972
  • Tax Year: 2014
  • Co List Office Mls Id: jdmre191
  • Co List Office Phone: 928-254-0303
  • Subdivision Name: Cottonwood Cove
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source Domestic Well: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood, Concrete
  • Living Area: 3502.0

Exterior Features

  • Construction Type: Wood Frame, Brick
  • Roof: Composition, Metal
  • Construction:Frame - Wood2: Yes

Utilities

  • Cooling: Other
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Water Source: Domestic Well
  • Main Cooling Other: Yes

Lot Info

  • Parcel #: 40603024a

Tax Info

  • Tax Annual Amount: 9009.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2017
Sold by
Warraich Sheraz Ahmad and Warraich Sarah Michelle
Bought by
Cottonwood 89A Llc
Current Estimated Value
$920,136

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 20, 2016
Sold by
Candy Lane Llc
Bought by
Warraich Sheraz Ahmad and Warraich Sarah Michelle
Seller's Agent
Jack McMahon
McMahon & Miller Commercial
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$495,000
Sold Price
$449,000
Premium/Discount to List
-$46,000
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$337,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2003
Sold by
Let Llc
Bought by
Candy Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2000
Sold by
Verretto John Michael and Verretto Susanne Estell
Bought by
Let Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.63%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cottonwood 89A Llc $500,000 Yavapai Title
Warraich Sheraz Ahmad $449,000 Lawyers Title Of Arizona Inc
Candy Lane Llc $425,000 First American Title Ins Co
Let Llc $425,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warraich Sheraz Ahmad $337,000
Previous Owner Candy Lane Llc $325,000
Previous Owner Let Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $449,000 -9.3% $128 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $495,000 -- $141 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,849 -- -- --
2024 $9,790 -- -- --
2023 $9,790 $114,657 $30,699 $83,958
2022 $9,910 $104,146 $46,538 $57,608
2021 $10,478 $89,837 $46,538 $43,299
2020 $10,294 $0 $0 $0
2019 $10,114 $0 $0 $0
2018 $9,054 $0 $0 $0
2017 $8,685 $0 $0 $0
2016 $8,938 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 506953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-03-024A

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